ADVDX had not been fairing well with the coming tide of the banking crisis. They restructured several times, and reduced dividends. My portfolio basically flat lined.
I waited as long as I could, before I sold it, but the fact still remained. I needed to liquidate. I didn't have 10 years to see this fund mature. I had to let go, and cut my losses, especially with WMT.
ADVDX was a lackluster fund and was able to net 1% when all said and done. WMT after commissions proved disastrous.
But, these were some rather cheap lessons to learn. To have a strategy and psychology is huge, and never hold onto a loosing position.
Posts
